EBITDA for the quarter fell by 43.6% yoy to Rs. 21.36 crore with a corresponding margin contraction of 370 bps. EBITDA margin for the quarter stood at 5.1%. This margin contraction was aided by 35% yoy increase in cost of sales.

The PAT for the quarter came in at Rs. 9.29 crore, yoy decline of 40.2%. This was partially driven by 10% yoy increase in finance cost.